===================Program Starting: Thu Jan 18 23:49:14 2024

------ Estimated Model parameters------
             betapar		   0.976500000000000
              Etapar		   0.032500000000000	   0.022500000000000	   0.012500000000000
               Kappa		   0.805460000000000
                PROD		   0.393221996043480	   1.000000000000000	   2.543092731489580
            gmapping		   0.220617600000000	   0.248297700000000	   0.286062000000000
            gmapping		   2.144000000000000	   2.413000000000000	   2.780000000000000
               meang		   0.102900000000000
              kappaE		   0.240000000000000
             psiparW		   1.850000000000000
             psiparE		   1.850000000000000
               nupar		   0.900000000000000
           lambdapar		  50.000000000000000
              phipar		   0.041700000000000
              minpar		   0.040000000000000
              DRIpar		   0.000000000000000
               mupar		   0.500000000000000
             rhostar		   0.400000000000000
              pLTpar		   0.500000000000000
                 muz		   1.000000000000000
                  pz		   0.890000000000000
                sigz		   0.435000000000000
                 PiZ	    0	   0.549453155093874	   0.254364641177235	   0.139857292442509	   0.046085377057265	   0.009089567033759	   0.001071390962591	   0.000078576232766	
                 PiZ	    1	   0.299318564796080	   0.281776616405904	   0.244204780844715	   0.126924058155998	   0.039530592597522	   0.007368087103208	   0.000877300096573	
                 PiZ	    2	   0.119597320481876	   0.208221181177097	   0.284402417480732	   0.233004806839229	   0.114475354434139	   0.033698121725365	   0.006600797861561	
                 PiZ	    3	   0.033801472015871	   0.102609741774329	   0.220947233962450	   0.285283104494699	   0.220947233962450	   0.102609741774329	   0.033801472015871	
                 PiZ	    4	   0.006600797861560	   0.033698121725365	   0.114475354434139	   0.233004806839229	   0.284402417480732	   0.208221181177098	   0.119597320481876	
                 PiZ	    5	   0.000877300096573	   0.007368087103208	   0.039530592597523	   0.126924058155998	   0.244204780844715	   0.281776616405903	   0.299318564796080	
                 PiZ	    6	   0.000078576232766	   0.001071390962591	   0.009089567033759	   0.046085377057265	   0.139857292442509	   0.254364641177235	   0.549453155093875	
               Zgrid	   0.045970042308335	   0.363980028205557	   0.681990014102778	   1.000000000000000	   1.318009985897222	   1.636019971794443	   1.954029957691665	
               mupar		   0.500000000000000
              DRIpar		   0.000000000000000

-------EQUILIBRIUM PRICES AND AGGREGATE--------
r    0.013826735509479 
w    0.257417543399583 
mw    0.328081840785076
u    0.051051624306035 
taxSEA    0.000000000000000 
-------MOMENTS GENERATED & STATISTICS--------
Ratio KY annual [12.16]   10.519948173205281
Fraction of E>nonE [6.7]    7.447429663266227
Fraction of E [8.2]    9.211087703115652
Ratio mworthJ/mworthW [8]    6.088103823855865
Wealth Gini [0.8]    0.636374486514139
Bankruptcy rate [0.75]    1.407627815763541
U>E [2.2]    3.230089327297648
(UL:    0.025677382898359, US:    0.025374241407676) Unemploy. rate [6.4]    5.105162430603498
IUR (Ui/W) [2.5] = 2.961383
W>E 1 [1.07]    1.027382324085400
W>E 2 [0.89]    0.885529970988774
W>E 3 [1.07]    1.087431458766702
Zero wealth fraction [7- 13]    5.113701991302497
------- OTHER MOMENTS GENERATED & STATISTICS--------
Fraction of nonE>E (rlv to whole pop) [0.39]    0.007318089248072
Fraction of U>E (rlv to new entrant) [20]    0.225333828575018
Worker exit rate (rlv to workers) [3-6.5]    0.028672438618314
Nshare (US)    0.031588868697231, 	 Nshare(UL):    0.001608548242986, 	 Nshare(WW):    0.001217560101909, 	 Nshare [0.1]:    0.034414977042126
Earning Gini [0.36]    0.451636631105447
Top 1 [30]    0.125462520367894
Fraction U>nonU (rlv to unemployed) [?]   48.368191689172214

-------TRANSITION Worker to entrepreneur / ABILITY--------
very low	 middle 	 very high
   0.009663550593380	   0.004545070167408	   0.007965665567974	
   0.006797448372958	   0.005858913589799	   0.007194750217916	
-------TRANSITION Worker to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.032143119381538	   0.022378517619646	   0.012387266558130	
-------TRANSITION Entrepreneur to Worker / ABILITY--------
very low 	 middle 	 very high
   0.044799941983891	   0.067171309740605	   0.089032356245884	
-------TRANSITION Entrepreneur to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.012121697220556	   0.009124527955001	   0.013508110841464	
-------TRANSITION Unemployed to Worker / ABILITY--------
very low 	 middle 	 very high
   0.441430371773065	   0.459657490171663	   0.445929387407367	
-------TRANSITION Unemployed to Entrepreneur / ABILITY--------
very low 	 middle 	 very high
   0.036531067114722	   0.026869981196744	   0.040142915933894	
--------- TRANSITION MATRIX BTW OCCUPATIONS ------
  	  U     	 W     	 E 
U 	 0.5163181 	 0.4513810 	 0.0323009 
W 	 0.0220562 	 0.9713276 	 0.0066163 
E 	 0.0111855 	 0.0632888 	 0.9255257 
---------------
--------- WEALTH DISTRIBUTION STATISTICS ------
Top 0.1 [22]    0.023744685815215
Top 1 [41.8]    0.125462520367894
Top 5 [?]    0.306498866422973
Top 10 [77.2]    0.445887830305016
Top 20 [?]    0.665112521879697
Top 40 [?]    0.870703281790160
Bot 20 [?]    0.005171814931245
Bot 40 [?]    0.036963218978347
Bot 60 [?]    0.129296718209840
Bot 80 [?]    0.334887478120303
mworthJ   10.785825486742338
mworthW    1.771623119250815
mworthUi    1.215848530967474
mworthUn    2.470809821784369
avgfirm:   10.855717898501460
---------------
--------- PRODUCTION & CAPITAL -----
capitalJ    0.999929696433796
productionJ (annual)    0.797234675091696
Totalcapital    5.058901755157104
Totallabor    1.103217513181391
Corproduction (annual)    1.126311590294791
Corcapital    4.058972058723308
Totalproduction (annual)    1.923546265386487
capitalJ/Totalcapital    0.197657464965485
---------------
--------- TAXATION -----
Corporate revenu    0.000000000000000
Expenditure    0.002655554978965
Revenue Basis    0.283987542078551
Optimal tax    0.009705210794240
Optimal tax SEA    0.000000000000000
COST SEA:    0.000126191174303    0.000052301304968
COST SEA:    0.000000000000000    0.000000000000000
-------MASS--------
WW    0.856837498662575 
U    0.051051624306035 
VE    0.092110877031157 
-------WELFARE--------
Un -163.576745424488422  Ui -172.908085408047697  J -128.756800127302711  WW -160.581720188349522  Wtot-158.039975466584849   Ctot   0.000000000000000
-------POOL OF ENT--------
THETA: 0,     0.139806446527409,    0.249999999999939,    4.137184049191227,    0.573554456619374  
THETA: 1,     0.075501010544726,    0.499999999999885,   10.556964793259111,    1.028357881281382  
THETA: 2,     0.077635040507850,    0.249999999999943,   23.535645153063648,    1.361441249944971  
-------EQUILIBRIUM PRICES AND AGGREGATE--------
r    0.013824681692945 
w    0.257425864663150 
mw    0.328203407604402
u    0.051055180088321 
taxSEA    0.000000000000000 
-------MOMENTS GENERATED & STATISTICS--------
Ratio KY annual [12.16]   10.508915810991176
Fraction of E>nonE [6.7]    7.452613539410060
Fraction of E [8.2]    9.178314785160465
Ratio mworthJ/mworthW [8]    6.087250091635091
Wealth Gini [0.8]    0.636260750927474
Bankruptcy rate [0.75]    1.407412865954062
U>E [2.2]    3.221758240473472
(UL:    0.025670619568199, US:    0.025384560520122) Unemploy. rate [6.4]    5.105518008832066
IUR (Ui/W) [2.5] = 2.961467
W>E 1 [1.07]    1.027956693129791
W>E 2 [0.89]    0.885445822823773
W>E 3 [1.07]    1.086941490584504
Zero wealth fraction [7- 13]    5.116035449504373
------- OTHER MOMENTS GENERATED & STATISTICS--------
Fraction of nonE>E (rlv to whole pop) [0.39]    0.007296785540075
Fraction of U>E (rlv to new entrant) [20]    0.225424532850887
Worker exit rate (rlv to workers) [3-6.5]    0.028651025294774
Nshare (US)    0.031869542432129, 	 Nshare(UL):    0.001605262699694, 	 Nshare(WW):    0.001267231489365, 	 Nshare [0.1]:    0.034742036621188
Earning Gini [0.36]    0.451439048456002
Top 1 [30]    0.125012583989885
Fraction U>nonU (rlv to unemployed) [?]   48.373130998772176

-------TRANSITION Worker to entrepreneur / ABILITY--------
very low	 middle 	 very high
   0.009635270033038	   0.004528352876162	   0.007936223568217	
   0.006778090996257	   0.005838409730163	   0.007167022093467	
-------TRANSITION Worker to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.032144213733612	   0.022378967909714	   0.012387706915696	
-------TRANSITION Entrepreneur to Worker / ABILITY--------
very low 	 middle 	 very high
   0.044830631495039	   0.067247816731855	   0.089104711249024	
-------TRANSITION Entrepreneur to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.012107138804625	   0.009130147842463	   0.013511850325918	
-------TRANSITION Unemployed to Worker / ABILITY--------
very low 	 middle 	 very high
   0.441665545540267	   0.459741716683800	   0.446011105690510	
-------TRANSITION Unemployed to Entrepreneur / ABILITY--------
very low 	 middle 	 very high
   0.036374327766575	   0.026825185300865	   0.040085587830622	
--------- TRANSITION MATRIX BTW OCCUPATIONS ------
  	  U     	 W     	 E 
U 	 0.5162687 	 0.4515137 	 0.0322176 
W 	 0.0220573 	 0.9713490 	 0.0065938 
E 	 0.0111833 	 0.0633428 	 0.9254739 
---------------
--------- WEALTH DISTRIBUTION STATISTICS ------
Top 0.1 [22]    0.023642713477072
Top 1 [41.8]    0.125012583989885
Top 5 [?]    0.324797905760124
Top 10 [77.2]    0.445208946426864
Top 20 [?]    0.664670655829544
Top 40 [?]    0.870516542284765
Bot 20 [?]    0.005180886686002
Bot 40 [?]    0.037025544033771
Bot 60 [?]    0.129483457715235
Bot 80 [?]    0.335329344170456
mworthJ   10.780948806037868
mworthW    1.771070457718291
mworthUi    1.215550796692431
mworthUn    2.468407904783242
avgfirm:   10.852116272115904
---------------
--------- PRODUCTION & CAPITAL -----
capitalJ    0.996041392306427
productionJ (annual)    0.794161716359612
Totalcapital    5.052699463970324
Totallabor    1.103589257154072
Corproduction (annual)    1.129043133634810
Corcapital    4.056658071663897
Totalproduction (annual)    1.923204849994422
capitalJ/Totalcapital    0.197130543664625
---------------
--------- TAXATION -----
Corporate revenu    0.000000000000000
Expenditure    0.002657648345693
Revenue Basis    0.284092418755851
Optimal tax    0.009708203976030
Optimal tax SEA    0.000000000000000
COST SEA:    0.000126395923607    0.000052193505873
COST SEA:    0.000000000000000    0.000000000000000
-------MASS--------
WW    0.857161672059751 
U    0.051055180088321 
VE    0.091783147851605 
-------WELFARE--------
Un -163.571112445104944  Ui -172.886563116752711  J -128.764117032153166  WW -160.562093931958259  Wtot-158.033670120154056   Ctot   0.000000000000000
-------POOL OF ENT--------
THETA: 0,     0.139363432896841,    0.249999999999917,    4.136745864122349,    0.573155693350575  
THETA: 1,     0.075212820919719,    0.499999999999840,   10.555220828291723,    1.027718930466639  
THETA: 2,     0.077343516670257,    0.249999999999920,   23.529814457326307,    1.360646619409821  
-------EQUILIBRIUM PRICES AND AGGREGATE--------
r    0.013826678695635 
w    0.257417773576825 
mw    0.328206949066128
u    0.051054766942273 
taxSEA    0.000000000000000 
-------MOMENTS GENERATED & STATISTICS--------
Ratio KY annual [12.16]   10.513722952711227
Fraction of E>nonE [6.7]    7.450218089065208
Fraction of E [8.2]    9.186542903386473
Ratio mworthJ/mworthW [8]    6.087157756451976
Wealth Gini [0.8]    0.636276572407274
Bankruptcy rate [0.75]    1.406895877500467
U>E [2.2]    3.222895020515856
(UL:    0.025672604934190, US:    0.025382162008083) Unemploy. rate [6.4]    5.105476694227312
IUR (Ui/W) [2.5] = 2.961470
W>E 1 [1.07]    1.027700010802352
W>E 2 [0.89]    0.885506755542839
W>E 3 [1.07]    1.087137057211738
Zero wealth fraction [7- 13]    5.114140345521796
------- OTHER MOMENTS GENERATED & STATISTICS--------
Fraction of nonE>E (rlv to whole pop) [0.39]    0.007301155747712
Fraction of U>E (rlv to new entrant) [20]    0.225367270385220
Worker exit rate (rlv to workers) [3-6.5]    0.028655888102458
Nshare (US)    0.031853008659521, 	 Nshare(UL):    0.001605213772556, 	 Nshare(WW):    0.001266746730754, 	 Nshare [0.1]:    0.034724969162831
Earning Gini [0.36]    0.451489705372101
Top 1 [30]    0.125157826468966
Fraction U>nonU (rlv to unemployed) [?]   48.370627011853699

-------TRANSITION Worker to entrepreneur / ABILITY--------
very low	 middle 	 very high
   0.009640453715103	   0.004532308195324	   0.007943489292156	
   0.006781606010912	   0.005843298504399	   0.007173820302012	
-------TRANSITION Worker to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.032144033281828	   0.022378870231380	   0.012387606535411	
-------TRANSITION Entrepreneur to Worker / ABILITY--------
very low 	 middle 	 very high
   0.044813695423364	   0.067223972655963	   0.089080382063338	
-------TRANSITION Entrepreneur to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.012101652822836	   0.009126134936201	   0.013508363143934	
-------TRANSITION Unemployed to Worker / ABILITY--------
very low 	 middle 	 very high
   0.441624363333639	   0.459706840519941	   0.445978880054081	
-------TRANSITION Unemployed to Entrepreneur / ABILITY--------
very low 	 middle 	 very high
   0.036385008742235	   0.026835944182887	   0.040099959222103	
--------- TRANSITION MATRIX BTW OCCUPATIONS ------
  	  U     	 W     	 E 
U 	 0.5162937 	 0.4514773 	 0.0322290 
W 	 0.0220571 	 0.9713441 	 0.0065988 
E 	 0.0111788 	 0.0633234 	 0.9254978 
---------------
--------- WEALTH DISTRIBUTION STATISTICS ------
Top 0.1 [22]    0.023679942365630
Top 1 [41.8]    0.125157826468966
Top 5 [?]    0.305998238380013
Top 10 [77.2]    0.445484077487077
Top 20 [?]    0.664872338591679
Top 40 [?]    0.870601960437648
Bot 20 [?]    0.005176196796924
Bot 40 [?]    0.036996874013467
Bot 60 [?]    0.129398039562352
Bot 80 [?]    0.335127661408321
mworthJ   10.785079077208803
mworthW    1.771775844938033
mworthUi    1.216058636852463
mworthUn    2.469955173076011
avgfirm:   10.854640068438549
---------------
--------- PRODUCTION & CAPITAL -----
capitalJ    0.997166166895287
productionJ (annual)    0.795062022737316
Totalcapital    5.055507679192634
Totallabor    1.103491576572115
Corproduction (annual)    1.128331888984105
Corcapital    4.058341512297347
Totalproduction (annual)    1.923393911721421
capitalJ/Totalcapital    0.197243527291909
---------------
--------- TAXATION -----
Corporate revenu    0.000000000000000
Expenditure    0.002657421823188
Revenue Basis    0.284058344801975
Optimal tax    0.009708711117928
Optimal tax SEA    0.000000000000000
COST SEA:    0.000126302834570    0.000052209059475
COST SEA:    0.000000000000000    0.000000000000000
-------MASS--------
WW    0.857079804023460 
U    0.051054766942273 
VE    0.091865429033865 
-------WELFARE--------
Un -163.559717863357236  Ui -172.880135160087747  J -128.748770724207048  WW -160.556084200071041  Wtot-158.024013859599165   Ctot   0.000000000000000
-------POOL OF ENT--------
THETA: 0,     0.139465048939009,    0.249999999999897,    4.137494302131938,    0.573445200757619  
THETA: 1,     0.075287723389205,    0.499999999999799,   10.556866675909603,    1.028113489420518  
THETA: 2,     0.077421220418188,    0.249999999999901,   23.533908353604268,    1.361118107179369  
-------EQUILIBRIUM PRICES AND AGGREGATE--------
r    0.013826165478328 
w    0.257419852866740 
mw    0.328210181519081
u    0.051054941250573 
taxSEA    0.000000000000000 
-------MOMENTS GENERATED & STATISTICS--------
Ratio KY annual [12.16]   10.512827279693687
Fraction of E>nonE [6.7]    7.450681952164630
Fraction of E [8.2]    9.184549693635386
Ratio mworthJ/mworthW [8]    6.087061207704705
Wealth Gini [0.8]    0.636269683443034
Bankruptcy rate [0.75]    1.406959287547393
U>E [2.2]    3.222585358361401
(UL:    0.025672175575122, US:    0.025382765675451) Unemploy. rate [6.4]    5.105494125057324
IUR (Ui/W) [2.5] = 2.961472
W>E 1 [1.07]    1.027756723838620
W>E 2 [0.89]    0.885505015666709
W>E 3 [1.07]    1.087082089276451
Zero wealth fraction [7- 13]    5.114466482191705
------- OTHER MOMENTS GENERATED & STATISTICS--------
Fraction of nonE>E (rlv to whole pop) [0.39]    0.007299970246613
Fraction of U>E (rlv to new entrant) [20]    0.225382981831348
Worker exit rate (rlv to workers) [3-6.5]    0.028654580061391
Nshare (US)    0.031855992713614, 	 Nshare(UL):    0.001605094317932, 	 Nshare(WW):    0.001266761475376, 	 Nshare [0.1]:    0.034727848506922
Earning Gini [0.36]    0.451477470914049
Top 1 [30]    0.125124103918504
Fraction U>nonU (rlv to unemployed) [?]   48.371056536354843

-------TRANSITION Worker to entrepreneur / ABILITY--------
very low	 middle 	 very high
   0.009638986825152	   0.004531315265768	   0.007941483697894	
   0.006780585206355	   0.005842085067522	   0.007171982008652	
-------TRANSITION Worker to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.032144087388380	   0.022378895819130	   0.012387635571641	
-------TRANSITION Entrepreneur to Worker / ABILITY--------
very low 	 middle 	 very high
   0.044816980133985	   0.067229494174286	   0.089085905375609	
-------TRANSITION Entrepreneur to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.012102076664523	   0.009126754919349	   0.013508854177442	
-------TRANSITION Unemployed to Worker / ABILITY--------
very low 	 middle 	 very high
   0.441633092966501	   0.459713477819875	   0.445985972322105	
-------TRANSITION Unemployed to Entrepreneur / ABILITY--------
very low 	 middle 	 very high
   0.036381820066671	   0.026833196576498	   0.040096065705278	
--------- TRANSITION MATRIX BTW OCCUPATIONS ------
  	  U     	 W     	 E 
U 	 0.5162894 	 0.4514847 	 0.0322259 
W 	 0.0220571 	 0.9713454 	 0.0065975 
E 	 0.0111793 	 0.0633275 	 0.9254932 
---------------
--------- WEALTH DISTRIBUTION STATISTICS ------
Top 0.1 [22]    0.023671390172197
Top 1 [41.8]    0.125124103918504
Top 5 [?]    0.305941451831382
Top 10 [77.2]    0.445430132713185
Top 20 [?]    0.664836350073856
Top 40 [?]    0.870587315612278
Bot 20 [?]    0.005177021361967
Bot 40 [?]    0.037001821927323
Bot 60 [?]    0.129412684387722
Bot 80 [?]    0.335163649926144
mworthJ   10.784407140610531
mworthW    1.771693559933347
mworthUi    1.215997292370038
mworthUn    2.469722739766607
avgfirm:   10.854128098630261
---------------
--------- PRODUCTION & CAPITAL -----
capitalJ    0.996902789029544
productionJ (annual)    0.794846135081100
Totalcapital    5.054998846664776
Totallabor    1.103515591308295
Corproduction (annual)    1.128518041719895
Corcapital    4.058096057635232
Totalproduction (annual)    1.923364176800996
capitalJ/Totalcapital    0.197211279224581
---------------
--------- TAXATION -----
Corporate revenu    0.000000000000000
Expenditure    0.002657512197981
Revenue Basis    0.284066821150734
Optimal tax    0.009708705672376
Optimal tax SEA    0.000000000000000
COST SEA:    0.000126325027483    0.000052204861186
COST SEA:    0.000000000000000    0.000000000000000
-------MASS--------
WW    0.857099561812626 
U    0.051054941250573 
VE    0.091845496936354 
-------WELFARE--------
Un -163.560985694828503  Ui -172.880265729636591  J -128.751165662699947  WW -160.556186903484644  Wtot-158.024997849631006   Ctot   0.000000000000000
-------POOL OF ENT--------
THETA: 0,     0.139441049729642,    0.249999999999885,    4.137391238463116,    0.573398088809093  
THETA: 1,     0.075269808232694,    0.499999999999778,   10.556608595930474,    1.028043207697500  
THETA: 2,     0.077401321550550,    0.249999999999890,   23.533205027904252,    1.361035875904174  
-------EQUILIBRIUM PRICES AND AGGREGATE--------
r    0.013826099821524 
w    0.257420118877448 
mw    0.328210488267926
u    0.051054965722827 
taxSEA    0.000000000000000 
-------MOMENTS GENERATED & STATISTICS--------
Ratio KY annual [12.16]   10.512615218291074
Fraction of E>nonE [6.7]    7.450794906429465
Fraction of E [8.2]    9.184164418614369
Ratio mworthJ/mworthW [8]    6.087057081534632
Wealth Gini [0.8]    0.636268533201596
Bankruptcy rate [0.75]    1.406981975212275
U>E [2.2]    3.222533224133764
(UL:    0.025672085135586, US:    0.025382880587240) Unemploy. rate [6.4]    5.105496572282671
IUR (Ui/W) [2.5] = 2.961472
W>E 1 [1.07]    1.027766597338945
W>E 2 [0.89]    0.885501956183994
W>E 3 [1.07]    1.087075284446476
Zero wealth fraction [7- 13]    5.114520546645015
------- OTHER MOMENTS GENERATED & STATISTICS--------
Fraction of nonE>E (rlv to whole pop) [0.39]    0.007299768983590
Fraction of U>E (rlv to new entrant) [20]    0.225385657640347
Worker exit rate (rlv to workers) [3-6.5]    0.028654356650706
Nshare (US)    0.031856725310033, 	 Nshare(UL):    0.001605089880775, 	 Nshare(WW):    0.001266779245878, 	 Nshare [0.1]:    0.034728594436686
Earning Gini [0.36]    0.451475113371310
Top 1 [30]    0.125116925633665
Fraction U>nonU (rlv to unemployed) [?]   48.371167178685802

-------TRANSITION Worker to entrepreneur / ABILITY--------
very low	 middle 	 very high
   0.009638727133126	   0.004531131931801	   0.007941166540108	
   0.006780409693995	   0.005841857541690	   0.007171682574475	
-------TRANSITION Worker to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.032144096712972	   0.022378900458698	   0.012387639988503	
-------TRANSITION Entrepreneur to Worker / ABILITY--------
very low 	 middle 	 very high
   0.044817807776912	   0.067230597763139	   0.089087036480809	
-------TRANSITION Entrepreneur to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.012102307011550	   0.009126925724736	   0.013509003661663	
-------TRANSITION Unemployed to Worker / ABILITY--------
very low 	 middle 	 very high
   0.441635014701775	   0.459715003454648	   0.445987360264711	
-------TRANSITION Unemployed to Entrepreneur / ABILITY--------
very low 	 middle 	 very high
   0.036381304441317	   0.026832704693053	   0.040095450921872	
--------- TRANSITION MATRIX BTW OCCUPATIONS ------
  	  U     	 W     	 E 
U 	 0.5162883 	 0.4514863 	 0.0322253 
W 	 0.0220571 	 0.9713456 	 0.0065972 
E 	 0.0111795 	 0.0633285 	 0.9254921 
---------------
--------- WEALTH DISTRIBUTION STATISTICS ------
Top 0.1 [22]    0.023669491137772
Top 1 [41.8]    0.125116925633665
Top 5 [?]    0.324996498976006
Top 10 [77.2]    0.445417904135307
Top 20 [?]    0.664827091966613
Top 40 [?]    0.870583420464968
Bot 20 [?]    0.005177207234029
Bot 40 [?]    0.037003133244110
Bot 60 [?]    0.129416579535032
Bot 80 [?]    0.335172908033387
mworthJ   10.784236005929353
mworthW    1.771666646373964
mworthUi    1.215979104533848
mworthUn    2.469653701430035
avgfirm:   10.854023544136290
---------------
--------- PRODUCTION & CAPITAL -----
capitalJ    0.996851368328596
productionJ (annual)    0.794805784188144
Totalcapital    5.054874918499692
Totallabor    1.103520067955372
Corproduction (annual)    1.128550036808568
Corcapital    4.058023550171097
Totalproduction (annual)    1.923355820996713
capitalJ/Totalcapital    0.197205941670356
---------------
--------- TAXATION -----
Corporate revenu    0.000000000000000
Expenditure    0.002657526865419
Revenue Basis    0.284068267076721
Optimal tax    0.009708702219269
Optimal tax SEA    0.000000000000000
COST SEA:    0.000126329414770    0.000052204250756
COST SEA:    0.000000000000000    0.000000000000000
-------MASS--------
WW    0.857103390090561 
U    0.051054965722827 
VE    0.091841644186144 
-------WELFARE--------
Un -163.561353363114250  Ui -172.880392927649126  J -128.751727166359984  WW -160.556302216287889  Wtot-158.025284602736576   Ctot   0.000000000000000
-------POOL OF ENT--------
THETA: 0,     0.139436098850427,    0.249999999999881,    4.137357945441861,    0.573384378332131  
THETA: 1,     0.075266316993693,    0.499999999999767,   10.556535761087000,    1.028024065608191  
THETA: 2,     0.077397843906934,    0.249999999999884,   23.533023609128659,    1.361012988010194  
-------EQUILIBRIUM PRICES AND AGGREGATE--------
r    0.013826139235452 
w    0.257419959190526 
mw    0.328210253149044
u    0.051054970611140 
taxSEA    0.000000000000000 
-------MOMENTS GENERATED & STATISTICS--------
Ratio KY annual [12.16]   10.512580780938636
Fraction of E>nonE [6.7]    7.450811611131060
Fraction of E [8.2]    9.184112176942545
Ratio mworthJ/mworthW [8]    6.087078022837572
Wealth Gini [0.8]    0.636268794286186
Bankruptcy rate [0.75]    1.406986106622919
U>E [2.2]    3.222526000136571
(UL:    0.025672073874031, US:    0.025382896737110) Unemploy. rate [6.4]    5.105497061114006
IUR (Ui/W) [2.5] = 2.961473
W>E 1 [1.07]    1.027766409148346
W>E 2 [0.89]    0.885501205451390
W>E 3 [1.07]    1.087076225624133
Zero wealth fraction [7- 13]    5.114555546976222
------- OTHER MOMENTS GENERATED & STATISTICS--------
Fraction of nonE>E (rlv to whole pop) [0.39]    0.007299746457520
Fraction of U>E (rlv to new entrant) [20]    0.225385869479341
Worker exit rate (rlv to workers) [3-6.5]    0.028654332854363
Nshare (US)    0.031856852776845, 	 Nshare(UL):    0.001605092171081, 	 Nshare(WW):    0.001266784169778, 	 Nshare [0.1]:    0.034728729117703
Earning Gini [0.36]    0.451474802596935
Top 1 [30]    0.125116167853708
Fraction U>nonU (rlv to unemployed) [?]   48.371183723244101

-------TRANSITION Worker to entrepreneur / ABILITY--------
very low	 middle 	 very high
   0.009638682869258	   0.004531109979358	   0.007941147313704	
   0.006780381580716	   0.005841829436827	   0.007171660361194	
-------TRANSITION Worker to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.032144098409162	   0.022378901066048	   0.012387640242790	
-------TRANSITION Entrepreneur to Worker / ABILITY--------
very low 	 middle 	 very high
   0.044817919886194	   0.067230735123186	   0.089087153889750	
-------TRANSITION Entrepreneur to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.012102347800896	   0.009126955012355	   0.013509029821473	
-------TRANSITION Unemployed to Worker / ABILITY--------
very low 	 middle 	 very high
   0.441635354653783	   0.459715227110593	   0.445987452145287	
-------TRANSITION Unemployed to Entrepreneur / ABILITY--------
very low 	 middle 	 very high
   0.036381205665188	   0.026832642487057	   0.040095397528336	
--------- TRANSITION MATRIX BTW OCCUPATIONS ------
  	  U     	 W     	 E 
U 	 0.5162882 	 0.4514866 	 0.0322253 
W 	 0.0220571 	 0.9713457 	 0.0065972 
E 	 0.0111795 	 0.0633286 	 0.9254919 
---------------
--------- WEALTH DISTRIBUTION STATISTICS ------
Top 0.1 [22]    0.023669308131501
Top 1 [41.8]    0.125116167853708
Top 5 [?]    0.324995099870711
Top 10 [77.2]    0.445416462884878
Top 20 [?]    0.664825751704904
Top 40 [?]    0.870582880849525
Bot 20 [?]    0.005177253038254
Bot 40 [?]    0.037003366967705
Bot 60 [?]    0.129417119150475
Bot 80 [?]    0.335174248295096
mworthJ   10.784213326201732
mworthW    1.771656825449155
mworthUi    1.215972102810622
mworthUn    2.469640418564369
avgfirm:   10.854017422947196
---------------
--------- PRODUCTION & CAPITAL -----
capitalJ    0.996845135828361
productionJ (annual)    0.794802297969838
Totalcapital    5.054853397661960
Totallabor    1.103520590510732
Corproduction (annual)    1.128551634996802
Corcapital    4.058008261833599
Totalproduction (annual)    1.923353932966640
capitalJ/Totalcapital    0.197205548293336
---------------
--------- TAXATION -----
Corporate revenu    0.000000000000000
Expenditure    0.002657526686263
Revenue Basis    0.284068225375176
Optimal tax    0.009708702105170
Optimal tax SEA    0.000000000000000
COST SEA:    0.000126329644120    0.000052204167796
COST SEA:    0.000000000000000    0.000000000000000
-------MASS--------
WW    0.857103907618955 
U    0.051054970611140 
VE    0.091841121769425 
-------WELFARE--------
Un -163.561411992638000  Ui -172.880431045489104  J -128.751783373902811  WW -160.556339807983903  Wtot-158.025341238003506   Ctot   0.000000000000000
-------POOL OF ENT--------
THETA: 0,     0.139435274512983,    0.249999999999879,    4.137351647540304,    0.573382056729719  
THETA: 1,     0.075265842644532,    0.499999999999761,   10.556524622806245,    1.028021009512160  
THETA: 2,     0.077397527275831,    0.249999999999882,   23.533004249944142,    1.361009747316985  
-------EQUILIBRIUM PRICES AND AGGREGATE--------
r    0.013826188550718 
w    0.257419759388376 
mw    0.328209966066115
u    0.051054969399836 
taxSEA    0.000000000000000 
-------MOMENTS GENERATED & STATISTICS--------
Ratio KY annual [12.16]   10.512570967888220
Fraction of E>nonE [6.7]    7.450814808740852
Fraction of E [8.2]    9.184114164551787
Ratio mworthJ/mworthW [8]    6.087104293584856
Wealth Gini [0.8]    0.636269342709781
Bankruptcy rate [0.75]    1.406988576086579
U>E [2.2]    3.222527062226403
(UL:    0.025672073073244, US:    0.025382896326592) Unemploy. rate [6.4]    5.105496939983577
IUR (Ui/W) [2.5] = 2.961473
W>E 1 [1.07]    1.027764172389259
W>E 2 [0.89]    0.885500615774644
W>E 3 [1.07]    1.087079053830766
Zero wealth fraction [7- 13]    5.114579377976631
------- OTHER MOMENTS GENERATED & STATISTICS--------
Fraction of nonE>E (rlv to whole pop) [0.39]    0.007299755407380
Fraction of U>E (rlv to new entrant) [20]    0.225385662081016
Worker exit rate (rlv to workers) [3-6.5]    0.028654344001605
Nshare (US)    0.031856906054859, 	 Nshare(UL):    0.001605097925780, 	 Nshare(WW):    0.001266789495023, 	 Nshare [0.1]:    0.034728793475662
Earning Gini [0.36]    0.451474826392652
Top 1 [30]    0.125116474834937
Fraction U>nonU (rlv to unemployed) [?]   48.371190186148780

-------TRANSITION Worker to entrepreneur / ABILITY--------
very low	 middle 	 very high
   0.009638672228869	   0.004531115323246	   0.007941184563985	
   0.006780377100500	   0.005841834400317	   0.007171689888637	
-------TRANSITION Worker to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.032144098821920	   0.022378900974832	   0.012387639669496	
-------TRANSITION Entrepreneur to Worker / ABILITY--------
very low 	 middle 	 very high
   0.044817927682202	   0.067230705922000	   0.089087127468020	
-------TRANSITION Entrepreneur to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.012102377393029	   0.009126965894431	   0.013509045155095	
-------TRANSITION Unemployed to Worker / ABILITY--------
very low 	 middle 	 very high
   0.441635479403147	   0.459715292921177	   0.445987345282633	
-------TRANSITION Unemployed to Entrepreneur / ABILITY--------
very low 	 middle 	 very high
   0.036381186463240	   0.026832654760401	   0.040095455404973	
--------- TRANSITION MATRIX BTW OCCUPATIONS ------
  	  U     	 W     	 E 
U 	 0.5162881 	 0.4514866 	 0.0322253 
W 	 0.0220571 	 0.9713457 	 0.0065972 
E 	 0.0111795 	 0.0633286 	 0.9254919 
---------------
--------- WEALTH DISTRIBUTION STATISTICS ------
Top 0.1 [22]    0.023669409064993
Top 1 [41.8]    0.125116474834937
Top 5 [?]    0.324995337069761
Top 10 [77.2]    0.445416420014532
Top 20 [?]    0.664825540361026
Top 40 [?]    0.870582768240352
Bot 20 [?]    0.005177281948215
Bot 40 [?]    0.037003440390978
Bot 60 [?]    0.129417231759648
Bot 80 [?]    0.335174459638974
mworthJ   10.784211398589314
mworthW    1.771648862654562
mworthUi    1.215965787675216
mworthUn    2.469633727406935
avgfirm:   10.854026395792307
---------------
--------- PRODUCTION & CAPITAL -----
capitalJ    0.996846175640156
productionJ (annual)    0.794804636152170
Totalcapital    5.054845939012685
Totallabor    1.103520453867181
Corproduction (annual)    1.128548254193401
Corcapital    4.057999763372529
Totalproduction (annual)    1.923352890345571
capitalJ/Totalcapital    0.197206044984797
---------------
--------- TAXATION -----
Corporate revenu    0.000000000000000
Expenditure    0.002657524324276
Revenue Basis    0.284067969714641
Optimal tax    0.009708702589573
Optimal tax SEA    0.000000000000000
COST SEA:    0.000126329294445    0.000052204205173
COST SEA:    0.000000000000000    0.000000000000000
-------MASS--------
WW    0.857103888954161 
U    0.051054969399836 
VE    0.091841141645518 
-------WELFARE--------
Un -163.561428424851215  Ui -172.880461371045953  J -128.751758085483942  WW -160.556370513656390  Wtot-158.025365785419950   Ctot   0.000000000000000
-------POOL OF ENT--------
THETA: 0,     0.139435073594318,    0.249999999999876,    4.137349563171147,    0.573381622578373  
THETA: 1,     0.075265866670283,    0.499999999999759,   10.556521816997952,    1.028020473994426  
THETA: 2,     0.077397759647368,    0.249999999999880,   23.533000733801803,    1.361008776382913  
-------EQUILIBRIUM PRICES AND AGGREGATE--------
r    0.013826236265623 
w    0.257419566070553 
mw    0.328209700792256
u    0.051054973701215 
taxSEA    0.000000000000000 
-------MOMENTS GENERATED & STATISTICS--------
Ratio KY annual [12.16]   10.512573771516115
Fraction of E>nonE [6.7]    7.450818070013459
Fraction of E [8.2]    9.184149209544454
Ratio mworthJ/mworthW [8]    6.087110703715588
Wealth Gini [0.8]    0.636269536242936
Bankruptcy rate [0.75]    1.406992060376323
U>E [2.2]    3.222538482113118
(UL:    0.025672087004539, US:    0.025382886696676) Unemploy. rate [6.4]    5.105497370121494
IUR (Ui/W) [2.5] = 2.961473
W>E 1 [1.07]    1.027760412318857
W>E 2 [0.89]    0.885499813199425
W>E 3 [1.07]    1.087083618886522
Zero wealth fraction [7- 13]    5.114577205399662
------- OTHER MOMENTS GENERATED & STATISTICS--------
Fraction of nonE>E (rlv to whole pop) [0.39]    0.007299805643228
Fraction of U>E (rlv to new entrant) [20]    0.225384928718147
Worker exit rate (rlv to workers) [3-6.5]    0.028654398247852
Nshare (US)    0.031856871547469, 	 Nshare(UL):    0.001605102691588, 	 Nshare(WW):    0.001266794096674, 	 Nshare [0.1]:    0.034728768335731
Earning Gini [0.36]    0.451475053716489
Top 1 [30]    0.125116723411624
Fraction U>nonU (rlv to unemployed) [?]   48.371183628325568

-------TRANSITION Worker to entrepreneur / ABILITY--------
very low	 middle 	 very high
   0.009638712699296	   0.004531151304371	   0.007941288036659	
   0.006780408181607	   0.005841877256862	   0.007171779118208	
-------TRANSITION Worker to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.032144097827725	   0.022378900394115	   0.012387638421665	
-------TRANSITION Entrepreneur to Worker / ABILITY--------
very low 	 middle 	 very high
   0.044817908876662	   0.067230647339051	   0.089087156235634	
-------TRANSITION Entrepreneur to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.012102417451271	   0.009126978225266	   0.013509069289486	
-------TRANSITION Unemployed to Worker / ABILITY--------
very low 	 middle 	 very high
   0.441635313257857	   0.459715143448946	   0.445987056516530	
-------TRANSITION Unemployed to Entrepreneur / ABILITY--------
very low 	 middle 	 very high
   0.036381284393704	   0.026832753984142	   0.040095640028676	
--------- TRANSITION MATRIX BTW OCCUPATIONS ------
  	  U     	 W     	 E 
U 	 0.5162882 	 0.4514865 	 0.0322254 
W 	 0.0220571 	 0.9713456 	 0.0065973 
E 	 0.0111796 	 0.0633286 	 0.9254918 
---------------
--------- WEALTH DISTRIBUTION STATISTICS ------
Top 0.1 [22]    0.023669483824419
Top 1 [41.8]    0.125116723411624
Top 5 [?]    0.324995674480377
Top 10 [77.2]    0.445416572484092
Top 20 [?]    0.664825624197531
Top 40 [?]    0.870582777096135
Bot 20 [?]    0.005177286526092
Bot 40 [?]    0.037003459802787
Bot 60 [?]    0.129417222903865
Bot 80 [?]    0.335174375802469
mworthJ   10.784201039376963
mworthW    1.771645295163477
mworthUi    1.215963504644023
mworthUn    2.469632574591696
avgfirm:   10.854028098403569
---------------
--------- PRODUCTION & CAPITAL -----
capitalJ    0.996850135803271
productionJ (annual)    0.794809407649477
Totalcapital    5.054845690710153
Totallabor    1.103519934032382
Corproduction (annual)    1.128542875273394
Corcapital    4.057995554906882
Totalproduction (annual)    1.923352282922871
capitalJ/Totalcapital    0.197206838110863
---------------
--------- TAXATION -----
Corporate revenu    0.000000000000000
Expenditure    0.002657521128976
Revenue Basis    0.284067622568820
Optimal tax    0.009708704781534
Optimal tax SEA    0.000000000000000
COST SEA:    0.000126329099241    0.000052204454394
COST SEA:    0.000000000000000    0.000000000000000
-------MASS--------
WW    0.857103534202854 
U    0.051054973701215 
VE    0.091841492095445 
-------WELFARE--------
Un -163.561414765362827  Ui -172.880464670734028  J -128.751742585654654  WW -160.556377292410076  Wtot-158.025358682334399   Ctot   0.000000000000000
-------POOL OF ENT--------
THETA: 0,     0.139435337489067,    0.249999999999876,    4.137346393155668,    0.573381174203027  
THETA: 1,     0.075266160795749,    0.499999999999757,   10.556512247790657,    1.028019322175097  
THETA: 2,     0.077398309301393,    0.249999999999880,   23.532968257930552,    1.361005626696890  
-------EQUILIBRIUM PRICES AND AGGREGATE--------
r    0.013826276810975 
w    0.257419401800630 
mw    0.328209475824495
u    0.051054970983022 
taxSEA    0.000000000000000 
-------MOMENTS GENERATED & STATISTICS--------
Ratio KY annual [12.16]   10.512578916620926
Fraction of E>nonE [6.7]    7.450818628729758
Fraction of E [8.2]    9.184190213155723
Ratio mworthJ/mworthW [8]    6.087118085802274
Wealth Gini [0.8]    0.636269772356061
Bankruptcy rate [0.75]    1.406994837857098
U>E [2.2]    3.222548385237085
(UL:    0.025672096750124, US:    0.025382874232898) Unemploy. rate [6.4]    5.105497098302212
IUR (Ui/W) [2.5] = 2.961473
W>E 1 [1.07]    1.027757439500441
W>E 2 [0.89]    0.885499232655717
W>E 3 [1.07]    1.087087173992020
Zero wealth fraction [7- 13]    5.114578834047736
------- OTHER MOMENTS GENERATED & STATISTICS--------
Fraction of nonE>E (rlv to whole pop) [0.39]    0.007299847934511
Fraction of U>E (rlv to new entrant) [20]    0.225384303585185
Worker exit rate (rlv to workers) [3-6.5]    0.028654444556496
Nshare (US)    0.031856835399848, 	 Nshare(UL):    0.001605109379799, 	 Nshare(WW):    0.001266797962064, 	 Nshare [0.1]:    0.034728742741710
Earning Gini [0.36]    0.451475312726751
Top 1 [30]    0.125117098205295
Fraction U>nonU (rlv to unemployed) [?]   48.371181155759025

-------TRANSITION Worker to entrepreneur / ABILITY--------
very low	 middle 	 very high
   0.009638750050917	   0.004531182696607	   0.007941373640857	
   0.006780436545393	   0.005841914762432	   0.007171853317984	
-------TRANSITION Worker to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.032144096656618	   0.022378899713183	   0.012387637237017	
-------TRANSITION Entrepreneur to Worker / ABILITY--------
very low 	 middle 	 very high
   0.044817881456709	   0.067230576901356	   0.089087126209014	
-------TRANSITION Entrepreneur to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.012102449312452	   0.009126988464332	   0.013509088156274	
-------TRANSITION Unemployed to Worker / ABILITY--------
very low 	 middle 	 very high
   0.441635196397640	   0.459715048605880	   0.445986839785240	
-------TRANSITION Unemployed to Entrepreneur / ABILITY--------
very low 	 middle 	 very high
   0.036381372124940	   0.026832839919900	   0.040095794810165	
--------- TRANSITION MATRIX BTW OCCUPATIONS ------
  	  U     	 W     	 E 
U 	 0.5162882 	 0.4514863 	 0.0322255 
W 	 0.0220571 	 0.9713456 	 0.0065973 
E 	 0.0111796 	 0.0633286 	 0.9254918 
---------------
--------- WEALTH DISTRIBUTION STATISTICS ------
Top 0.1 [22]    0.023669587566306
Top 1 [41.8]    0.125117098205295
Top 5 [?]    0.324996250720103
Top 10 [77.2]    0.445416988992976
Top 20 [?]    0.664825810807470
Top 40 [?]    0.870582810527089
Bot 20 [?]    0.005177290562096
Bot 40 [?]    0.037003459878478
Bot 60 [?]    0.129417189472911
Bot 80 [?]    0.335174189192530
mworthJ   10.784194997472554
mworthW    1.771642154047552
mworthUi    1.215961272739200
mworthUn    2.469631667944012
avgfirm:   10.854034637771374
---------------
--------- PRODUCTION & CAPITAL -----
capitalJ    0.996855186934736
productionJ (annual)    0.794814791215903
Totalcapital    5.054847022968441
Totallabor    1.103519359624292
Corproduction (annual)    1.128537057292542
Corcapital    4.057991836033705
Totalproduction (annual)    1.923351848508445
capitalJ/Totalcapital    0.197207785399871
---------------
--------- TAXATION -----
Corporate revenu    0.000000000000000
Expenditure    0.002657517970160
Revenue Basis    0.284067293429899
Optimal tax    0.009708706161181
Optimal tax SEA    0.000000000000000
COST SEA:    0.000126328690486    0.000052204650871
COST SEA:    0.000000000000000    0.000000000000000
-------MASS--------
WW    0.857103126884933 
U    0.051054970983022 
VE    0.091841902131557 
-------WELFARE--------
Un -163.561401639039673  Ui -172.880474090592486  J -128.751716394794158  WW -160.556387984998793  Wtot-158.025352178322294   Ctot   0.000000000000000
-------POOL OF ENT--------
THETA: 0,     0.139435689592771,    0.249999999999875,    4.137344070822431,    0.573380818722247  
THETA: 1,     0.075266515747613,    0.499999999999757,   10.556506415344289,    1.028018267650447  
THETA: 2,     0.077398887438410,    0.249999999999880,   23.532953401843162,    1.361003167077328  

 GMM ::   48.511742638524026


 ===================Program ended: Thu Jan 18 23:54:30 2024
 in 316.000000 seconds=================
